Current Liabilities

Operating Lease Liability Payments Due

Southwest Airlines Operating Lease Liability Payments Due decreased by 20.5% to $1.24B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 20.5%, from $1.57B to $1.24B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liability Payments Due shows a downward trend with a -8.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025Feb 5, 2026

How to read this metric

Rising liabilities indicate growing operational footprint or lease renewals, while falling liabilities may signal cost-cutting or consolidation of facilities.

Detailed definition

This represents the total future cash payments required for operating leases, typically categorized by maturity periods...

Peer comparison

Standardized under ASC 842, this metric is highly comparable across all public companies with significant physical operations.

Metric ID: operating_lease_liability_payments_due

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$1.80B$1.56B$1.41B$1.57B$1.24B
QoQ Change-13.4%-9.5%+11.2%-20.5%
YoY Change-13.4%-9.5%+11.2%-20.5%
Range$1.24B$1.80B
CAGR-30.7%
Avg YoY Growth-8.0%
Median YoY Growth-11.4%

Frequently Asked Questions

What is Southwest Airlines's operating lease liability payments due?
Southwest Airlines (LUV) reported operating lease liability payments due of $1.24B in Q4 2025.
How has Southwest Airlines's operating lease liability payments due changed year-over-year?
Southwest Airlines's operating lease liability payments due decreased by 20.5% year-over-year, from $1.57B to $1.24B.
What is the long-term trend for Southwest Airlines's operating lease liability payments due?
Over 4 years (2021 to 2025), Southwest Airlines's operating lease liability payments due has grown at a -8.8% compound annual growth rate (CAGR), from $1.80B to $1.24B.
What does operating lease liability payments due mean?
The total future cash payments the company is contractually obligated to make for operating leases.